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Total Economy: 0.01 USD
jasmr (12377@moneybutton.com)
2 years ago
Can someone explain why these oscillate? One seems to track the other - which is it?
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snugg
2 years ago
miners switching to the more profitable chain until the difficulty increases too much, then the other chain becomes more profitable and they switch again.
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jasmr tipped:
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2 years ago
jasmr replied:
Thanks. Yes I know how it's supposed to work but is this really what's going on here? Seems to me when viewed with price fluctuations other forces are at play as well?? Just curious:-).
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2 years ago
snugg replied:
Not that I know of, I'm pretty sure it's all algos based on profitability. Lots of these miners barely pay attention themselves, at least that's how it seems sometimes.
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2 years ago
jasmr replied:
That tip was $0.05AU - if this is who I think it might be I just tipped one of the more influential folks of the 21st century ;-) - my great grand kids will be able to see that I did this because it's on the blockchain!!! Thanks for making it possible.
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2 years ago
jasmr replied:
Maybe not!
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2 years ago
snugg tipped:
0.01 USD
2 years ago
snugg replied:
Not yet, at least.
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2 years ago